Am I crazy for wanting to make an offer on the 1st house I saw with my realtor..?

Hello. First time home buyer. It’s 4 am. I can’t sleep. I keep thinking… I looked at 2 houses today with my realtor (for the first time ever). I have scoured zillow/trulia/etc on and off for 2 years. I got preapproved recently and want to buy a house (obviously). The place in question is 1350 sq ft. 3 bed/2 bath (1 bath is totally not finished. Like it literally looks like a construction zone…). House does have all brand new windows though. And a remodeled kitchen (nothing very extravagant). Place looks pretty a-okay for a sub 250k house. 1/3 acre (car port no garage)

But realistically it checks everything I need (single person/only me). And I’m thinking it may wind up being a good buy one day because there is a big lake across the street (the house directly in front of the house in question has a large lake in the back) not exactly lakefront property but… it does have a view of the lake from the porch (house kind of sits on a slight slope). House next door sold for 215k in 2019 (it is about 300 sq ft bigger though). Right now I could rent it out for $1600 minimum a month most likely. Not saying I would but… that’s how much it would go for being rented out.

The one thing that kind of sucks is it is a 30/40 minute drive from my current location. But I knew that would happen (cheaper/more affordable in this area of the county) asking price is 225k. Just came on the market 2 days ago. The listing says the seller is taking offers until tomorrow at 5pm… I was thinking of offering 235k or 237k… More than likely in this market I will have to pay all closing costs too. I won’t do anything crazy like waive the inspection…

I’m kind of stricken by a little “FOMO” right now. I don’t want interest rates to go up again and I’m afraid that this may be the best I’m going to get.

details: 225 asking price house. Thinking about offering 235 or 237k. I pay all closing costs. 20% down payment.

submitted by /u/bobevans001
[link] [comments]

Hello. First time home buyer. It’s 4 am. I can’t sleep. I keep thinking… I looked at 2 houses today with my realtor (for the first time ever). I have scoured zillow/trulia/etc on and off for 2 years. I got preapproved recently and want to buy a house (obviously). The place in question is 1350 sq ft. 3 bed/2 bath (1 bath is totally not finished. Like it literally looks like a construction zone…). House does have all brand new windows though. And a remodeled kitchen (nothing very extravagant). Place looks pretty a-okay for a sub 250k house. 1/3 acre (car port no garage) ​ But realistically it checks everything I need (single person/only me). And I’m thinking it may wind up being a good buy one day because there is a big lake across the street (the house directly in front of the house in question has a large lake in the back) not exactly lakefront property but… it does have a view of the lake from the porch (house kind of sits on a slight slope). House next door sold for 215k in 2019 (it is about 300 sq ft bigger though). Right now I could rent it out for $1600 minimum a month most likely. Not saying I would but… that’s how much it would go for being rented out. ​ The one thing that kind of sucks is it is a 30/40 minute drive from my current location. But I knew that would happen (cheaper/more affordable in this area of the county) asking price is 225k. Just came on the market 2 days ago. The listing says the seller is taking offers until tomorrow at 5pm… I was thinking of offering 235k or 237k… More than likely in this market I will have to pay all closing costs too. I won’t do anything crazy like waive the inspection… ​ I’m kind of stricken by a little “FOMO” right now. I don’t want interest rates to go up again and I’m afraid that this may be the best I’m going to get. ​ details: 225 asking price house. Thinking about offering 235 or 237k. I pay all closing costs. 20% down payment. submitted by /u/bobevans001 [link] [comments]

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